Finance
Finance
Uzbekistan’s Gold and Foreign Exchange Reserves Surpass US$50 Billion for the First Time — Central Bank
As of 1 September 2025, Uzbekistan’s gold and foreign exchange reserves exceeded US$50 billion for the first time, rising by US$1.34 billion, the Central Bank …
IFC Appoints Riccardo Puliti as Regional Vice President for the Middle East and Central Asia
IFC today announced the appointment of Riccardo Puliti as its new Regional Vice President for the Middle East and Central …
Davron Vakhabov: New Tax Measure Will Boost Transparency and Accelerate Farming Development
The introduction of a zero-value added tax (VAT) rate for agricultural producers, announced by President Shavkat Mirziyoyev, is set to …
Zero VAT to Apply to All Agricultural Products Except Cotton and Grain from 2026
Starting in 2026, Uzbekistan will eliminate the value-added tax (VAT) on agricultural products for farmers and dehkan households. The exemption …
Uzbekistan Introduces Zero VAT Rate for Farmers from 1 January 2026
President Shavkat Mirziyoyev reviewed a presentation on measures to develop the agricultural value chain in Uzbekistan.
Senate Approves Amendments Aimed at Reducing Non-Performing Loans in the Banking System
At the tenth plenary session of the Senate of the Oliy Majlis, the Law “On Amendments to Certain Legislative Acts …
The Uzbek Soum Shows Strong Performance
As of 4 September 2025, the Uzbek soum has strengthened against the US dollar. One US dollar is now equivalent …
Senate Rejects the Law on State Social Insurance
At its recent plenary session, the Senate of the Oliy Majlis reviewed the draft Law “On State Social Insurance.”
Alif Uzbekistan Plans to Establish a Bank for SMEs
Alif Uzbekistan is attracting major investments and plans to create a bank to support small and medium-sized enterprises (SMEs), the …
Uzbekistan’s National Reinsurance Company Receives License to Operate in Reinsurance Sector
JSC NPO “O’ZBEKISTON QAYTA SUG’URTA KOMPANIYASI” (National Reinsurance Company) has officially obtained a license to carry out activities in the …